The Experts below are selected from a list of 84 Experts worldwide ranked by ideXlab platform

Pierre Failler - One of the best experts on this subject based on the ideXlab platform.

  • Lending Interest Rate loaning scale and government subsidy scale in green innovation
    Energies, 2019
    Co-Authors: Shuanglian Chen, Zhehao Huang, Benjamin M Drakeford, Pierre Failler
    Abstract:

    Green loans are a way of financing green innovation. Two important factors, the Lending Interest Rate and the loaning scale, should be focused on. In this paper, we explore the impact of Lending Interest Rates and loaning scale on green innovation. We show that the incentive of green innovation strongly depends on the Lending Interest Rate and the loaning scale through model analysis. Moreover, the dependence is summarized as a two-step stRategy. In the first step, the Lending Interest Rate should be lower than some Rate thresholds given in the paper. Otherwise, green innovation fails to be stimulated. In the second step, if the Lending Interest Rate is lower than the given Rate threshold, then the practical loaning scale should lie between two thresholds of loaning scale derived in the paper, such that the green innovation will be stimulated. What is more, to guarantee the green effect of the innovation on the environment, we construct a threshold of loaning scale. If the loaning scale is larger than this threshold, then the innovation will show green effect on the environment. Otherwise, green innovation loses its environmental significance. The government stimulates green innovation through government subsidy. In this paper, we consider three kinds of government subsidy, including a subsidy for the bank, subsidy for the enterprise before and after implementing green innovation. Some appropriate government subsidy scales are presented.

Giuseppe Marotta - One of the best experts on this subject based on the ideXlab platform.

  • structural breaks in the Lending Interest Rate pass through and the euro
    Economic Modelling, 2009
    Co-Authors: Giuseppe Marotta
    Abstract:

    Abstract This paper investigates whether size and speed of the pass-through of market Rates into short term business Lending Rates have increased in the wake of the introduction of the euro. Allowing for multiple unknown structural breaks we find two in four EMU countries, and in the UK as well, and a single one in five other countries. The pattern of dates fits national banking systems adjusting slowly to the new monetary regime and suggests caution in associating structural changes to the introduction of the euro. The estimated equilibrium pass-through in the last break-free period is on average more incomplete, hinting at a reduced effectiveness of the single monetary policy. These results run against the economic intuition that a reduced volatility in money market Rates is bound to mitigate uncertainty and to ease therefore the transfer of policy Rate changes to retail Rates; the run-up to Basel 2 and a deterioration of competition in loan markets could be the motivations. Caution in extrapolating these findings to recent periods is suggested by the differences between the unharmonized and the new harmonized retail Rates.

  • structural breaks in the Lending Interest Rate pass through and the euro
    Research Papers in Economics, 2008
    Co-Authors: Giuseppe Marotta
    Abstract:

    This paper investigates whether size and speed of the pass-through of market Rates into short term business Lending Rates have increased in the wake of the introduction of the euro. Allowing for multiple unknown structural breaks we find two in four EMU countries, and in the UK as well, and a single one in five other countries. The pattern of dates fits national banking systems adjusting slowly to the new monetary regime and suggests caution in associating structural changes to the introduction of the euro. The estimated equilibrium pass-through in the last break-free period is on average more incomplete, hinting at a reduced effectiveness of the single monetary policy. This results runs against the economic intuition that a reduced volatility in money market Rates is bound to mitigate uncertainty and to ease therefore the transfer of policy Rate changes to retail Rates; the run up to Basel 2 and a deterioration of competition in loan markets could be the motivations. Caution in extrapolating to more recent periods these findings is suggested by the differences between the unharmonized and the new harmonized retail Rates.

  • Lending Interest Rate pass through in the euro area a data driven tale
    Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance), 2008
    Co-Authors: Giuseppe Marotta
    Abstract:

    The harmonized MIR retail Interest Rates for the euro area, available as of January 2003, show remarkable differences both in levels and dynamics with the previous unharmonized NRIR Rates. This evidence should suggest caution in extrapolating the findings of the NRIR-based literature on the incomplete long-run pass-through of market Rates even into the short term business Lending Rates, the least sticky ones among bank Rates. We show that long run pass-throughs for MIR Rates of smaller and larger short-term business loans are almost always complete or nearly so in nine of the founding EMU countries and in Greece.

Debabrata Datta - One of the best experts on this subject based on the ideXlab platform.

  • Lending Interest Rate and usury dilemma persists
    Social Science Research Network, 2009
    Co-Authors: Debabrata Datta
    Abstract:

    World has been witnessing financial crisis, emanating from the financial sector every now and then. Failed banks of bankrupt financial firms are being regularly bailed out, creating moral hazard problem and adversely affecting the health of the entire financial sector of the globe. This paper argues that the problem is fundamental and not a matter of simple management and regulation failure. The running of the system requires a pro-big borrower bias, represented by clauses like limited liability. However if this bias is reinforced by engineered low Interest Rate, stability of the economic system may be threatened by the behavioural response of the savers.

Shuanglian Chen - One of the best experts on this subject based on the ideXlab platform.

  • Lending Interest Rate loaning scale and government subsidy scale in green innovation
    Energies, 2019
    Co-Authors: Shuanglian Chen, Zhehao Huang, Benjamin M Drakeford, Pierre Failler
    Abstract:

    Green loans are a way of financing green innovation. Two important factors, the Lending Interest Rate and the loaning scale, should be focused on. In this paper, we explore the impact of Lending Interest Rates and loaning scale on green innovation. We show that the incentive of green innovation strongly depends on the Lending Interest Rate and the loaning scale through model analysis. Moreover, the dependence is summarized as a two-step stRategy. In the first step, the Lending Interest Rate should be lower than some Rate thresholds given in the paper. Otherwise, green innovation fails to be stimulated. In the second step, if the Lending Interest Rate is lower than the given Rate threshold, then the practical loaning scale should lie between two thresholds of loaning scale derived in the paper, such that the green innovation will be stimulated. What is more, to guarantee the green effect of the innovation on the environment, we construct a threshold of loaning scale. If the loaning scale is larger than this threshold, then the innovation will show green effect on the environment. Otherwise, green innovation loses its environmental significance. The government stimulates green innovation through government subsidy. In this paper, we consider three kinds of government subsidy, including a subsidy for the bank, subsidy for the enterprise before and after implementing green innovation. Some appropriate government subsidy scales are presented.

Benjamin M Drakeford - One of the best experts on this subject based on the ideXlab platform.

  • Lending Interest Rate loaning scale and government subsidy scale in green innovation
    Energies, 2019
    Co-Authors: Shuanglian Chen, Zhehao Huang, Benjamin M Drakeford, Pierre Failler
    Abstract:

    Green loans are a way of financing green innovation. Two important factors, the Lending Interest Rate and the loaning scale, should be focused on. In this paper, we explore the impact of Lending Interest Rates and loaning scale on green innovation. We show that the incentive of green innovation strongly depends on the Lending Interest Rate and the loaning scale through model analysis. Moreover, the dependence is summarized as a two-step stRategy. In the first step, the Lending Interest Rate should be lower than some Rate thresholds given in the paper. Otherwise, green innovation fails to be stimulated. In the second step, if the Lending Interest Rate is lower than the given Rate threshold, then the practical loaning scale should lie between two thresholds of loaning scale derived in the paper, such that the green innovation will be stimulated. What is more, to guarantee the green effect of the innovation on the environment, we construct a threshold of loaning scale. If the loaning scale is larger than this threshold, then the innovation will show green effect on the environment. Otherwise, green innovation loses its environmental significance. The government stimulates green innovation through government subsidy. In this paper, we consider three kinds of government subsidy, including a subsidy for the bank, subsidy for the enterprise before and after implementing green innovation. Some appropriate government subsidy scales are presented.